SoftBank Group
Coverage of SoftBank Group in the Nexus archive.
- World shares are mostly lower after a tech sell-off on Wall Street, while oil prices waver
World shares are mostly lower following a tech sell-off on Wall Street, with European and Asian markets declining sharply. Oil prices fluctuated after U.S. military attacks on Iran near the Strait of Hormuz, raising concerns over regional stability and trade. Key indices like the S&P 500, Dow, and Asian benchmarks fell, while specific tech firms such as Samsung and SoftBank saw significant stock drops.
- Asian shares fall after a tech sell-off on Wall Street, while oil prices gain
Asian shares declined following a Wall Street tech sell-off, and oil prices rose after U.S. airstrikes on Iran near the Strait of Hormuz. Tensions over the region's security and uncertainty about a ceasefire contributed to market volatility, while producer price increases in Japan and China also impacted indices.
- European shares climb and Asian shares retreat after US stocks pause their record-breaking rally
European shares rose while Asian shares fell following a decline in U.S. stocks that ended a nine-day winning streak for the S&P 500. Oil prices dropped after Israel and Lebanon agreed to renew a ceasefire and establish security zones, though higher bond yields and geopolitical tensions continued to pressure markets.
- Asian shares retreat as US stocks halt their record-breaking rally, while oil prices fall back
Asian shares declined following a U.S. stock market downturn that ended a nine-day rally for the S&P 500. Oil prices fell after renewed fighting threatened a U.S.-Iran ceasefire, with Brent crude and U.S. crude dropping $1.17 and $1.08, respectively. Higher bond yields and economic pressures contributed to global market declines.
- Asian shares retreat as US stocks halt their record-breaking rally, while oil prices fall back
Asian shares declined following a halt in the S&P 500's nine-day winning streak, while oil prices dropped amid renewed fighting threatening a U.S.-Iran ceasefire. Key indices like Japan's Nikkei and South Korea's Kospi fell significantly, and U.S. stocks including the Dow and Nasdaq also declined. Rising bond yields and economic pressures from higher inflation further impacted markets.
- Japan, South Korea stocks hit more records, as oil gains on Iran war ending fragility
Japan and South Korea's stock markets hit record highs driven by AI-related growth and renewed U.S.-Iran tensions. Oil prices rose over 3% as negotiations on reopening the Strait of Hormuz and extending an Iran war ceasefire remain unresolved. South Korea's exports surged 53% year-on-year in May, while SoftBank Group and Samsung Electronics saw significant stock gains.
- Japan, South Korea stocks hit more records, as oil gains on Iran war ending fragility
Japan's Nikkei 225 and South Korea's Kospi hit record highs driven by AI enthusiasm and pending Iran war ceasefire decisions. Oil prices rose over 2% as U.S.-Iran negotiations continued, with the Strait of Hormuz's reopening still unresolved.
- SoftBank Group extends scorching rally as shares in OpenAI, Arm-backer surge over 12%
SoftBank Group shares extended their rally for a second consecutive day on Friday, with gains exceeding 12%. The surge was driven by strong performance in the company's stakes in OpenAI and Arm.
- SoftBank Group shares soar over 16% as Nvidia earnings signal strong AI momentum
SoftBank Group shares surged over 16% following strong Nvidia earnings results, reflecting positive momentum in the AI sector. The stock gains are driven by SoftBank's significant stake in Arm Holdings, whose chip designs are integral to AI servers and data centers that utilize Nvidia systems.